Energy Vault CEO Piconi Buys 25K Shares at $2.21/Share

Energy Vault Holdings, Inc. (NRGV) has announced that Robert Piconi, a director, 10% owner, and CEO, has acquired 25,000 shares at a price of $2.21 per share on September 16, 2025.

Energy Vault Holdings, Inc. (NRGV) has experienced significant insider buying activity within the past week. On September 11, 2025, Mary Beth Mandanas, a Director at the company, acquired 10,000 shares of Common Stock at a price of $2.052 per share, totaling $20,520. Following this transaction, Mandanas directly owns 184,706 shares of the company Energy Vault Holdings Director Acquires 10,000 Shares^[1].

In a separate transaction on September 16, 2025, Robert Piconi, a Director, 10% owner, and CEO of Energy Vault Holdings, acquired 25,000 shares at a price of $2.21 per share. This purchase, totaling $55,250, further underscores the confidence of key executives in the company's future prospects .

These insider purchases are notable as they often signal a positive outlook on the company's performance. However, investors should remain cautious and consider these transactions alongside the company's overall financial health and market conditions.